As many newly vaccinated Americans make vacation plans after a year of staying home, Mexico remains one of the most popular international destinations — and the country’s beleaguered tourism industry is ready for the much-needed boost.
About 10.5 million tourists from the United States visit Mexico in a typical year, and tourism accounts for 8.7 percent of Mexico’s economy, according to the Organisation for Economic Co-operation and Development. After the coronavirus pandemic took a major bite out of tourism revenue in 2020, Mexico is eager to welcome visitors again.
But the skies between Mexico and the US could be a little quieter than anticipated in the coming months after the US Federal Aviation Administration (FAA) last month downgraded Mexico’s aviation safety rating from category one to category two.
Economic strategist Carlos Torres of consulting group Strategic Affairs said there could be serious consequences for the Mexican economy as a result.